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Yahoo
29-05-2025
- Business
- Yahoo
Backup Power Market Analysis Report 2025-2030 - Demand for Silent and Emission-Free Solutions Drives Shift From Diesel to Battery and Fuel Cell Technologies
This market is driven by factors such as increasing energy volatility, extreme weather events, and grid instability. The report covers recent global tariff developments and their impacts on the Backup Power Market. The market's growth is further propelled by the adoption of diversified technologies, integration of storage solutions, and remote monitoring. Key sectors like data centers, healthcare, and industrial operations are expanding investments in backup power solutions, aligning with regulatory and sustainability mandates. The report includes segmented analysis by type, application, and end-use, encompassing global regions like the U.S., China, Japan, and Europe. Major players such as ABB Ltd., Aggreko plc, and Caterpillar Inc. are featured, offering insights into market strategies and future trends. Backup Power Market Dublin, May 29, 2025 (GLOBE NEWSWIRE) -- The "Backup Power - Global Strategic Business Report" report has been added to global market for Backup Power was valued at US$12.2 Billion in 2024 and is projected to reach US$16.8 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The backup power market is experiencing sustained growth as energy reliability, climate risk, and digital continuity emerge as non-negotiable business and societal priorities. From cloud infrastructure and healthcare to manufacturing and public safety, the strategic role of backup systems is broadening across mission-critical use cases and evolving infrastructure growth drivers include rising outage frequency, grid modernization delays, regulatory requirements for critical infrastructure continuity, and increased deployment of energy storage technologies. Demand is further reinforced by enterprise ESG commitments, regional energy security strategies, and backup's integration into broader distributed energy the global economy becomes more electrified, digitized, and decentralized, could backup power shift from a reactive safety net to a central pillar of proactive, sustainable, and intelligent energy resilience strategies worldwide?Which End-User Segments, Regulatory Trends, and Deployment Models Are Driving Demand for Backup Power Solutions?Data centers remain among the most demanding users of backup power, with uptime guarantees, tier certifications, and service-level agreements (SLAs) mandating multi-layered redundancy and zero-failure tolerance. Hyperscale operators are deploying modular UPS systems, dual-fed generators, and advanced battery storage to maintain power quality across fluctuating loads. Edge computing sites are also driving decentralized backup solutions to support latency-sensitive and distributed data public safety, and critical municipal services are expanding backup investments in response to regulatory mandates and societal expectations. Hospitals, emergency response centers, and water treatment plants are required by law in many jurisdictions to maintain autonomous power for defined durations. Governments are also funding backup installations in schools, community shelters, and remote clinics to enhance emergency preparedness in disaster-prone and industrial sectors are increasingly adopting backup power to safeguard operations, protect assets, and maintain supply chain resilience. Manufacturing plants, mining operations, and logistics hubs are vulnerable to production losses during outages, leading to the deployment of multi-MW backup units or site-specific microgrids. In retail and banking, backup systems ensure uninterrupted service delivery, protect digital transactions, and maintain customer confidence in service reliability during power Scope Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as ABB Ltd., Aggreko plc, Atlas Copco AB, Bloom Energy Corporation, Briggs & Stratton Corporation and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Key Insights: Market Growth: Understand the significant growth trajectory of the Diesel Generators segment, which is expected to reach US$5.8 Billion by 2030 with a CAGR of a 4.0%. The Gas Generators segment is also set to grow at 6.7% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $3.3 Billion in 2024, and China, forecasted to grow at an impressive 8.4% CAGR to reach $3.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Segments Type (Diesel Generators, Gas Generators, Solar Generators, Other Types) Application (Standby Power, Prime Power, Peak Shaving) End-Use (Residential, Commercial, Industrial, Other End-Uses) Tariff Impact Analysis: Key Insights for 2025What's Included in This Edition: Tariff-adjusted market forecasts by region and segment Analysis of cost and supply chain implications by sourcing and trade exposure Strategic insights into geographic shifts Buyers receive a free July 2025 update with: Finalized tariff impacts and new trade agreement effects Updated projections reflecting global sourcing and cost shifts Expanded country-specific coverage across the industry Key Attributes: Report Attribute Details No. of Pages 380 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $12.2 Billion Forecasted Market Value (USD) by 2030 $16.8 Billion Compound Annual Growth Rate 5.5% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Influencer Market Insights World Market Trajectories Backup Power - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS Rising Frequency of Power Outages and Grid Instability Throws the Spotlight on Backup Power Solutions Growth in Digital Infrastructure and Remote Work Drives Demand for Residential and Commercial Backup Systems OEM Innovation in Hybrid, Lithium-Ion, and Hydrogen-Based Backup Systems Enhances Energy Storage Capabilities Expansion of Data Centers, Hospitals, and Critical Infrastructure Supports Market for High-Reliability UPS and Gensets Use of Solar-Integrated Backup Power Systems Aligns With Renewable Energy Transition and Cost Savings Adoption of Microgrids and Energy Management Platforms Improves Backup System Optimization OEMs Developing Plug-and-Play and Scalable Modular Systems Support Diverse End-Use Scenarios Rising Popularity of Portable Backup Units Supports Consumer Applications for Events and Emergencies Demand for Silent and Emission-Free Solutions Drives Shift From Diesel to Battery and Fuel Cell Technologies Government Incentives and Disaster Preparedness Programs Support Residential Backup System Deployment Industrial Facilities Embracing Backup Power to Meet Downtime Cost Targets and Compliance Standards Integration of IoT and Cloud Monitoring in Backup Power Systems Enables Predictive Maintenance and Remote Control FOCUS ON SELECT PLAYERS:Some of the 41 companies featured in this report ABB Ltd. Aggreko plc Atlas Copco AB Bloom Energy Corporation Briggs & Stratton Corporation Caterpillar Inc. Cummins Inc. Doosan Corporation Eaton Corporation plc Emerson Electric Co. Enphase Energy, Inc. Exide Industries Ltd. Generac Power Systems, Inc. General Electric Company Himoinsa S.L. Hitachi, Ltd. Honda Motor Co., Ltd. Kohler Co. LG Chem Ltd. Mitsubishi Heavy Industries, Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Backup Power Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
29-05-2025
- Business
- Yahoo
Backup Power Market Analysis Report 2025-2030 - Demand for Silent and Emission-Free Solutions Drives Shift From Diesel to Battery and Fuel Cell Technologies
This market is driven by factors such as increasing energy volatility, extreme weather events, and grid instability. The report covers recent global tariff developments and their impacts on the Backup Power Market. The market's growth is further propelled by the adoption of diversified technologies, integration of storage solutions, and remote monitoring. Key sectors like data centers, healthcare, and industrial operations are expanding investments in backup power solutions, aligning with regulatory and sustainability mandates. The report includes segmented analysis by type, application, and end-use, encompassing global regions like the U.S., China, Japan, and Europe. Major players such as ABB Ltd., Aggreko plc, and Caterpillar Inc. are featured, offering insights into market strategies and future trends. Backup Power Market Dublin, May 29, 2025 (GLOBE NEWSWIRE) -- The "Backup Power - Global Strategic Business Report" report has been added to global market for Backup Power was valued at US$12.2 Billion in 2024 and is projected to reach US$16.8 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The backup power market is experiencing sustained growth as energy reliability, climate risk, and digital continuity emerge as non-negotiable business and societal priorities. From cloud infrastructure and healthcare to manufacturing and public safety, the strategic role of backup systems is broadening across mission-critical use cases and evolving infrastructure growth drivers include rising outage frequency, grid modernization delays, regulatory requirements for critical infrastructure continuity, and increased deployment of energy storage technologies. Demand is further reinforced by enterprise ESG commitments, regional energy security strategies, and backup's integration into broader distributed energy the global economy becomes more electrified, digitized, and decentralized, could backup power shift from a reactive safety net to a central pillar of proactive, sustainable, and intelligent energy resilience strategies worldwide?Which End-User Segments, Regulatory Trends, and Deployment Models Are Driving Demand for Backup Power Solutions?Data centers remain among the most demanding users of backup power, with uptime guarantees, tier certifications, and service-level agreements (SLAs) mandating multi-layered redundancy and zero-failure tolerance. Hyperscale operators are deploying modular UPS systems, dual-fed generators, and advanced battery storage to maintain power quality across fluctuating loads. Edge computing sites are also driving decentralized backup solutions to support latency-sensitive and distributed data public safety, and critical municipal services are expanding backup investments in response to regulatory mandates and societal expectations. Hospitals, emergency response centers, and water treatment plants are required by law in many jurisdictions to maintain autonomous power for defined durations. Governments are also funding backup installations in schools, community shelters, and remote clinics to enhance emergency preparedness in disaster-prone and industrial sectors are increasingly adopting backup power to safeguard operations, protect assets, and maintain supply chain resilience. Manufacturing plants, mining operations, and logistics hubs are vulnerable to production losses during outages, leading to the deployment of multi-MW backup units or site-specific microgrids. In retail and banking, backup systems ensure uninterrupted service delivery, protect digital transactions, and maintain customer confidence in service reliability during power Scope Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as ABB Ltd., Aggreko plc, Atlas Copco AB, Bloom Energy Corporation, Briggs & Stratton Corporation and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. Key Insights: Market Growth: Understand the significant growth trajectory of the Diesel Generators segment, which is expected to reach US$5.8 Billion by 2030 with a CAGR of a 4.0%. The Gas Generators segment is also set to grow at 6.7% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $3.3 Billion in 2024, and China, forecasted to grow at an impressive 8.4% CAGR to reach $3.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Segments Type (Diesel Generators, Gas Generators, Solar Generators, Other Types) Application (Standby Power, Prime Power, Peak Shaving) End-Use (Residential, Commercial, Industrial, Other End-Uses) Tariff Impact Analysis: Key Insights for 2025What's Included in This Edition: Tariff-adjusted market forecasts by region and segment Analysis of cost and supply chain implications by sourcing and trade exposure Strategic insights into geographic shifts Buyers receive a free July 2025 update with: Finalized tariff impacts and new trade agreement effects Updated projections reflecting global sourcing and cost shifts Expanded country-specific coverage across the industry Key Attributes: Report Attribute Details No. of Pages 380 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $12.2 Billion Forecasted Market Value (USD) by 2030 $16.8 Billion Compound Annual Growth Rate 5.5% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Influencer Market Insights World Market Trajectories Backup Power - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS Rising Frequency of Power Outages and Grid Instability Throws the Spotlight on Backup Power Solutions Growth in Digital Infrastructure and Remote Work Drives Demand for Residential and Commercial Backup Systems OEM Innovation in Hybrid, Lithium-Ion, and Hydrogen-Based Backup Systems Enhances Energy Storage Capabilities Expansion of Data Centers, Hospitals, and Critical Infrastructure Supports Market for High-Reliability UPS and Gensets Use of Solar-Integrated Backup Power Systems Aligns With Renewable Energy Transition and Cost Savings Adoption of Microgrids and Energy Management Platforms Improves Backup System Optimization OEMs Developing Plug-and-Play and Scalable Modular Systems Support Diverse End-Use Scenarios Rising Popularity of Portable Backup Units Supports Consumer Applications for Events and Emergencies Demand for Silent and Emission-Free Solutions Drives Shift From Diesel to Battery and Fuel Cell Technologies Government Incentives and Disaster Preparedness Programs Support Residential Backup System Deployment Industrial Facilities Embracing Backup Power to Meet Downtime Cost Targets and Compliance Standards Integration of IoT and Cloud Monitoring in Backup Power Systems Enables Predictive Maintenance and Remote Control FOCUS ON SELECT PLAYERS:Some of the 41 companies featured in this report ABB Ltd. Aggreko plc Atlas Copco AB Bloom Energy Corporation Briggs & Stratton Corporation Caterpillar Inc. Cummins Inc. Doosan Corporation Eaton Corporation plc Emerson Electric Co. Enphase Energy, Inc. Exide Industries Ltd. Generac Power Systems, Inc. General Electric Company Himoinsa S.L. Hitachi, Ltd. Honda Motor Co., Ltd. Kohler Co. LG Chem Ltd. Mitsubishi Heavy Industries, Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Backup Power Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Associated Press
14-05-2025
- Automotive
- Associated Press
Southeast Asia Industrial Motors Market Research Report 2024-2029, Competitive Analysis of Prominent Vendors - ABB, Siemens, WEG, Mitsubishi Electric, and TECO Electric & Machinery
DUBLIN--(BUSINESS WIRE)--May 14, 2025-- The 'Southeast Asia Industrial Motors Market Research Report 2024-2029" report has been added to offering. The Southeast Asia Industrial Motors Market was valued at USD 2.08 billion in 2023, and is projected to reach USD 2.93 billion by 2029, rising at a CAGR of 5.88% The Southeast Asia industrial motors market is highly competitive, driven by rapid industrialization, urbanization, and infrastructure developments. Key players in the Southeast Asia industrial motors market are focusing on energy-efficient motors due to increasing environmental regulations and a push for sustainability. The market is witnessing strong demand from industries like manufacturing, oil & gas, chemicals, and construction. The market in Southeast Asia has seen a surge in demand for smart motors integrated with IoT and Industry 4.0 capabilities, allowing for real-time monitoring, predictive maintenance, and improved operational efficiency. This shift aligns with the industrial sectors' drive toward automation and enhanced energy management. Furthermore, leading companies like ABB Ltd., Siemens AG, and Mitsubishi Electric are engaging in strategic partnerships and joint ventures in the region to innovate new motor technologies, particularly focusing on energy efficiency and automation to meet the regulatory and operational demands of industries such as manufacturing, oil & gas, and chemicals. Indonesia holds a dominant position in the Southeast Asia industrial motors market and is growing rapidly, driven by various sectors like manufacturing, mining, construction, and energy. These industries rely on industrial motors for automation, material handling, and operating machinery. Indonesia's industrial growth is boosted by large infrastructure projects and expanding manufacturing. As Indonesia continues to grow and develop its economy, the industrial motors market is expected to reach USD 846.17 million by 2029, with more investments in infrastructure, manufacturing, and energy sectors. Indonesia is heavily investing in infrastructure and industrial development, which increases the demand for industrial motors. The government's 'Making Indonesia 4.0" initiative aims to modernize industries and promote automation, further raising the need for motors. The country is also focused on renewable energy projects, including geothermal and hydropower, driving the demand for energy-efficient motors. Additionally, Indonesia plans to produce 3 million vehicles annually by 2030, as part of its industrialization efforts. This growth in the automotive sector will lead to greater demand for industrial motors, particularly energy-efficient and smart motor systems used in vehicle manufacturing. MARKET TRENDS The Southeast Asia industrial motors market is thriving, driven by the rapid adoption of IE3 and IE4 high-efficiency motors, which reduce energy consumption by up to 30% compared to conventional motors, offering substantial cost savings and environmental benefits. Governments in the region, such as Malaysia and Indonesia, are introducing regulations to mandate the use of these energy-efficient motors, aligning with global sustainability goals. For example, Malaysia has set a target of 80% adoption of energy-efficient motors by 2030 as part of its green industrial initiatives. The growing emphasis on industrial automation across sectors like manufacturing, mining, and energy is further accelerating the demand. Technological advancements are also making IE3 and IE4 motors more affordable, enabling wider adoption across industries and solidifying the Southeast Asia industrial motors market's expansion. The Southeast Asia industrial motors market is experiencing a significant boom, driven by the convergence of Industry 4.0 technologies such as IoT, robotics, and machine learning, which are enhancing motor intelligence and operational efficiency. These innovations enable real-time monitoring and optimization of energy usage, leading to reduced operational costs and a smaller environmental footprint. The push toward automation across various sectors is further boosting demand for advanced motors. For example, in Malaysia, the adoption of automated production systems in manufacturing grew by 15% in 2023, with motors being integral to the success of these systems. Additionally, the mining sector in Indonesia saw a 20% increase in automation investments, requiring more sophisticated motors to power automated equipment. As industries rapidly transition to fully automated production, motors equipped with IoT capabilities are becoming indispensable, with end-users viewing them as essential to staying competitive. These trends, alongside technological advancements that make motors more efficient and affordable, are driving the robust growth of the Southeast Asia industrial motors market. MARKET DRIVERS The Southeast Asia industrial motors market is experiencing rapid growth, fueled by the surge in infrastructure development across the region. Countries like the Philippines, Vietnam, and Indonesia are investing heavily in large-scale projects such as airports, highways, and rail systems, creating a significant demand for industrial motors in construction machinery, elevators, and HVAC systems. For example, Vietnam's USD 9 billion investment in infrastructure in 2023, which includes the expansion of the Tan Son Nhat International Airport, is driving the need for high-performance motors in construction equipment and power systems. Indonesia's ongoing USD 25 billion investment in its Trans-Sumatra toll road project is also increasing the demand for motors in construction machinery and material handling systems. These projects, combined with the growing urbanization and increased demand for housing, are further accelerating the Southeast Asia industrial motors market growth. Furthermore, the Southeast Asia industrial motors market is booming, driven by the rapid expansion of manufacturing industries across the region. Countries like Vietnam, Thailand, and Indonesia are seeing robust industrial growth, with Vietnam specializing in electronics, Thailand in automotive, and Malaysia in semiconductors. For instance, Vietnam's electronics manufacturing output grew by 12% in 2023, leading to increased demand for motors in assembly lines and production equipment. Thailand's automotive sector, which saw USD 2 billion in investments in 2023, is requiring advanced motors for robotics and automation in production plants. Malaysia, with its USD 30 billion semiconductor industry, continues to expand, driving the need for high-performance motors in precision machinery. This industrial boom is attracting both domestic and foreign investments despite global reshoring trends, making Southeast Asia a critical hub for manufacturing. As a result, the growing demand for motors across industries like automotive, electronics, and semiconductors is accelerating the Southeast Asia industrial motors market. INDUSTRY RESTRAINTS High Initial Investment The Southeast Asia industrial motors market faces significant challenges due to the high initial investment required for adopting advanced motor systems and technologies. The cost of upgrading to energy-efficient motors and modernizing production facilities can be a financial burden, particularly for smaller companies with limited capital. For instance, in Indonesia, the expansion of the USD 4 billion cement market requires the installation of advanced motors for grinding and material handling, but the capital expenditure involved can delay adoption. In the Philippines, the construction sector's USD 7 billion infrastructure push demands motors for cranes, elevators, and HVAC systems, but the high cost of energy-efficient motors presents a challenge for developers working with tight budgets. Additionally, the semiconductor market in Malaysia, valued at USD 20 billion, requires high-precision motors for assembly lines, but the investment in upgrading older machinery to meet energy standards is a costly hurdle. These high upfront costs hinder the pace at which industries in Southeast Asia can transition to more energy-efficient and technologically advanced motor solutions, limiting Southeast Asia industrial motors market expansion. KEY TAKEAWAYS Key Attributes: Key Company Profiles Other Prominent Company Profiles For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: ASIA PACIFIC INDUSTRY KEYWORD: OTHER MANUFACTURING MANUFACTURING SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 05/14/2025 08:38 AM/DISC: 05/14/2025 08:37 AM
Yahoo
13-05-2025
- Business
- Yahoo
ABB Weighs Sale of Robotics Arm as Alternative to Spinoff
(Bloomberg) -- ABB Ltd. is exploring a potential sale of the robotics unit, which could be worth more than $3.5 billion, as an alternative to the main spinoff plan, according to people familiar with the matter. A New Central Park Amenity, Tailored to Its East Harlem Neighbors As Trump Reshapes Housing Policy, Renters Face Rollback of Rights What's Behind the Rise in Serious Injuries on New York City's Streets? NYC Warns of 17% Drop in Foreign Tourists Due to Trump Policies LA Mayor Credits Trump on Fire Aid, Stays Wary on Immigration The Swiss industrial giant is close to appointing advisers for a sale as well as the listing, which it announced last month, the people said, asking not to be identified because the talks are private. The business could be worth about $3.5 billion, in line with analyst estimates, or as much as $5 billion, some of the people said. If ABB pursues a sale instead of the preferred option of a spinoff, the unit could attract interest from private equity firms, the people said. 'Should ABB be approached, it is the duty of the executive committee and board to thoroughly evaluate all proposals,' the company said in an emailed statement in response to Bloomberg News query. However, 'we believe that a spinoff is the best option to optimize the respective companies' abilities to create customer value.' NOTE: ABB to Spin Off Robotics Unit for 2026 Stock-Market Listing (4) ABB in April said it plans to spin off and list the robotics unit in the second quarter of 2026. It was one of the first major strategic moves by the firm's new Chief Executive Officer Morten Wierod who took the helm at the company in August last year. Wierod ran ABB's flagship electrification business prior to his CEO appointment. The Norwegian executive wants ABB to focus on more profitable units, such as electrification, which is benefiting from soaring investments in data centers that are in demand because of the rise of artificial intelligence. The robotics unit, run by Marc Segura, accounts for around two thirds of ABB's robotics and discrete automation division. It employs 7,000 people and runs manufacturing hubs in China, the US and Sweden. The latter is the birthplace of ABB's robotics business. ABB also said robotics alone has limited synergies with its other divisions and would benefit from being measured more directly against its peers. The spinoff, if successful, will see ABB shareholders receive stock in the future listed company. The plan is to list the business in Sweden or Switzerland, though the Swiss manufacturer has not excluded other venues. In 2024, the robotics and discrete automation unit generated an operational Ebita, or earnings before interest, taxation and amortization of $329 million, a 39% decline compared to the previous-year period. The unit especially suffered from weakness in the automotive and consumer electronics sector. Still, the robotics division posted double-digit margins standalone. (Updates with details from 7th paragraph) The Recession Chatter Is Getting Louder. Watch These Metrics US Border Towns Are Being Ravaged by Canada's Furious Boycott Two Million Meat Sticks a Day Isn't Enough for Chomps' CEO With the New York Liberty, Clara Wu Tsai Aims for the First $1 Billion Women's Sports Franchise How the Lizard King Built a Reptile Empire Selling $50,000 Geckos ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-04-2025
- Business
- Yahoo
Smart Factory Market to Surge with 11.35% CAGR, Reaching $487.786 Billion by 2030
Asia Pacific, particularly China and India, leads in automation adoption. The comprehensive market report covers major players like Siemens AG and ABB Ltd., providing insights into trends, technologies, and strategies across sectors. Key segments include IIoT, AI, and robotics. Dublin, April 29, 2025 (GLOBE NEWSWIRE) -- The "Smart Factory Market - Forecasts from 2025 to 2030" report has been added to Factory Market is projected to grow at a CAGR of 11.35% to be valued at US$487.786 billion in 2030 from US$284.956 billion in Asia Pacific region is expected to dominate the smart factory market, with China and India leading the charge in adopting automation technologies. Factors such as rapid population increases, urban development, and improving living standards in developing APAC nations are likely to heighten the demand for smart factories. There's also a rising emphasis on efficient, energy-saving production methods. Businesses are pouring substantial investments into unexplored potential, while the market draws significant overseas global smart factory market report provides a thorough examination of the industry, offering strategic insights supported by data-backed predictions and detailed assessments. Regularly refreshed, this report equips decision-makers with practical knowledge on market shifts, growth prospects, and competitive forces. It explores demand across diverse smart factory technology segments, delving into cutting-edge solutions, deployment approaches, factory sizes, and industry sectors. Additionally, it evaluates technological progress, regulatory landscapes, government policies, and broader economic influences, presenting a complete picture of the of the major players covered in this report include Siemens AG, Rockwell Automation, Inc., Schneider Electric SE, General Electric, ABB Ltd., Honeywell International Inc., Fanuc Corporation, Mitsubishi Electric Corporation, Bosch Rexroth AG, KUKA AG, and Yokogawa Electric Corporation among others. Smart Factory Market Report Coverage:This report provides extensive coverage as explained in the points below: Market Size, Forecasts, and Trends by Technology Type: Historical revenue data and analysis focusing on adoption drivers, challenges faced by key players, and high-growth areas such as AI-driven automation and digital twins. Market Size, Forecasts, and Trends by Component, Deployment Model, and Factory Scale: Insights into hardware, software, and service adoption across different factory sizes and deployment preferences. Market Size, Forecasts, and Trends by Industry Vertical: Historical revenue data and analysis across sectors, highlighting automotive and electronics as key adopters. Smart factory market is also analysed across different regions, with historical data, regional share, attractiveness and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario and other complementing factors aiding in market growth. Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter's five forces model. Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge. Report Coverage: Historical data from 2022 to 2024 & forecast data from 2025 to 2030 Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis Competitive Positioning, Strategies, and Market Share Analysis Revenue Growth and Forecast Assessment of segments and regions including countries Company Profiling (Strategies, Products, Financial Information, and Key Developments among others) Companies Profiled Siemens Rockwell Automation, Inc. Schneider Electric SE General Electric ABB Ltd. Honeywell International Inc. Fanuc Corporation Mitsubishi Electric Corporation Bosch Rexroth AG KUKA Yokogawa Electric Corporation Key Attributes: Report Attribute Details No. of Pages 147 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $284.96 Billion Forecasted Market Value (USD) by 2030 $487.79 Billion Compound Annual Growth Rate 11.3% Regions Covered Global Smart Factory Market Segmentations: Smart Factory Market Segmentation by technology type Industrial Internet of Things (IIoT) Robotics & Automation Artificial Intelligence (AI) & Machine Learning (ML) Digital Twins Industrial Cybersecurity Solutions Smart Factory Market Segmentation by component Hardware Software Services Smart Factory Market Segmentation by deployment model On-Premises Cloud-Based Hybrid Smart Factory Market Segmentation by factory scale Small-Scale Factories Medium-Scale Factories Large-Scale Factories Smart Factory Market Segmentation by industry vertical Automotive Electronics & Semiconductors Aerospace & Defense Pharmaceuticals & Healthcare Food & Beverages Chemicals & Materials Energy & Utilities Others Smart factory Market Segmentation by regions: North America (US, Canada and Mexico) South America (Brazil, Argentina, and Others) Europe (Germany, UK, France, Spain and Others Middle East and Africa (Saudi Arabia, UAE and Others) Asia Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others) For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
